Badger Infrastructure Solutions Ltd. (TSE:BDGI) Given Consensus Rating of “Moderate Buy” by Analysts

Shares of Badger Infrastructure Solutions Ltd. (TSE:BDGI) have earned a consensus recommendation of “Moderate Buy” from the eight analysts that are presently covering the company, Marketbeat reports. Four analysts have rated the stock with a hold recommendation and four have given a buy recommendation to the company. The average twelve-month price target among brokers that have issued ratings on the stock in the last year is C$77.13.

A number of brokerages have recently commented on BDGI. Canaccord Genuity Group decreased their price objective on shares of Badger Infrastructure Solutions from C$81.00 to C$70.00 and set a “hold” rating for the company in a research report on Monday. National Bank Financial dropped their target price on shares of Badger Infrastructure Solutions from C$82.00 to C$74.00 and set a “sector perform” rating on the stock in a report on Monday. TD Securities cut their target price on shares of Badger Infrastructure Solutions from C$83.00 to C$80.00 and set a “buy” rating for the company in a research note on Monday. Acumen Capital reduced their price target on Badger Infrastructure Solutions from C$82.25 to C$80.00 and set a “buy” rating for the company in a report on Monday. Finally, Stifel Nicolaus lowered their price target on Badger Infrastructure Solutions from C$85.00 to C$81.00 and set a “buy” rating on the stock in a research report on Monday.

Badger Infrastructure Solutions Trading Up 0.1%

Shares of Badger Infrastructure Solutions stock opened at C$64.46 on Friday. Badger Infrastructure Solutions has a 12-month low of C$33.62 and a 12-month high of C$82.57. The stock has a market cap of C$2.17 billion, a P/E ratio of 35.42 and a beta of 0.55. The company has a quick ratio of 1.49, a current ratio of 1.37 and a debt-to-equity ratio of 87.32. The business’s 50 day moving average is C$73.20 and its 200-day moving average is C$69.73.

Badger Infrastructure Solutions (TSE:BDGI) last released its earnings results on Thursday, March 5th. The company reported C$0.47 earnings per share for the quarter. Badger Infrastructure Solutions had a net margin of 7.30% and a return on equity of 24.10%. The business had revenue of C$280.79 million during the quarter. Equities research analysts predict that Badger Infrastructure Solutions will post 3.3008403 earnings per share for the current fiscal year.

About Badger Infrastructure Solutions

Badger Infrastructure Solutions Ltd is North America’s provider of non-destructive excavating services. Its key technology is the Badger Hydrovac, which is used primarily for safe excavation around critical infrastructure and in congested underground conditions. The Badger Hydrovac uses a pressurized water stream to liquefy the soil cover, which is then removed with a powerful vacuum system and deposited into a storage tank. The company manufactures and designs its truck-mounted hydrovac units, giving an opportunity to incorporate feedback from its hydrovac operators into its existing and future design and manufacturing processes.